Professional Liability Insurance in Vaughan (E & O Insurance)
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In the early 2000’s, Vaughan saw its population grow by more than 80%. Since that boom of new residents, the city has continued to expand and is currently one of the fastest growing cities in Ontario.
Needless to say, this feverish migration has brought a wealth of new businesses and professionals to Vaughan, many of whom are leaving themselves dangerously under-protected by not securing proper professional liability insurance.
Who Needs Professional Liability Insurance in Vaughan?
Professional liability insurance (also known as Errors and Omissions insurance), protects contractors and consultants of all kinds in the event of a lawsuit claiming negligence or wrongdoing. As the largest employment centre in the York region, Vaughan is home to more than 10,000 businesses.
Just a small sampling of the types of professionals who can benefit from Errors and Omissions insurance in Vaughan include:
Construction is responsible for more than 25,000 jobs in Vaughan. As a construction contractor, you assume the responsibility of working with complex budgets, meeting tight deadlines, and managing sub-contractors — don’t leave yourself unprotected in the event of a single mistake or false claim.
Even when your intentions are simply to help people, being a social worker comes with significant legal risks. From malpractice lawsuits to claims of mishandled documents, Errors and Omissions insurance can protect you from lofty setbacks and allow you to focus on improving lives.
Growing businesses often need experienced experts to lend their wisdom and help find efficiencies. Whether you are consulting for PR, HR, business development or another business purpose, you could find yourself liable for communication or simple administrative errors
Of course, these are only a few of the professionals who could benefit professional liability coverage in Vaughan. The same considerations apply to retail experts, manufacturing professionals, finance consultants and IT contractors alike, just to name a few.
Get a Free Quote and Get Covered Now
There’s a reason that Vaughan continues to grow at such an astonishing rate: it’s a wonderful place to live and work. All of that upside however can be brought to a halt with something as simple as a false claim of wrongdoing, costing you thousands and putting your career — and your future — at risk. Take the time to protect yourself by getting a free professional liability insurance quote today.